4 day up streak in jeopardy today
The US stocks are opening up mixed with the Dow lower, the S&P near unchanged and the Nasdaq higher. The opening levels are off the pre-market highs as the market reacts negatively to stimulus negotiations. The major indices are on a 4 day win streak and it may be in jeopardy.
A snapshot of the current market shows:
- S&P index -1.93 points or -0.05% at 3531.70
- NASDAQ index up 31.3 points or 0.27% at 11906
- Dow down and 98 points or -0.34% at 28741
The S&P and NASDAQ closed yesterday about 2% from the all-time high. The NASDAQ has been particularly bullish of late with oversized gains on Friday and Monday.
![This whole hike felt like walking on the back of a giant sleeping dragon. [Bald Mountain, Adirondacks, NY]](https://newsican.com/wp-content/uploads/2020/10/cq8pc15c9vs51-75x75.jpg)
